Techniques for Day Trading the ES, NQ, YM, MES, MNQ, and MYM

volpri said:
I will look for H1 and L1 in PB’s in stronger trends but if the PB is near resistance, support, or near EMA I may wait for a second or third entry. Much depends on the pressures I see in adjacent bars.
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Volpri
I had this thread open for a long time now. But I am almost certain you were the one that got me to take Brooks course. It was the best thing I could have ever done.
Just wanted to thank you for your posts.
I found myself rereading this thread from a year or 2 ago last last night.
But just wanted to reach out and thank you for your efforts here posting. I hope to become more active here.
 
Roddog101 said:
Volpri
I had this thread open for a long time now. But I am almost certain you were the one that got me to take Brooks course. It was the best thing I could have ever done.
Just wanted to thank you for your posts.
I found myself rereading this thread from a year or 2 ago last last night.
But just wanted to reach out and thank you for your efforts here posting. I hope to become more active here.
More...

What Volpri teaches here is gold. Some realize it (perhaps such as yourself) but most dont. Besides that he is just a genuinely nice guy helping people out here for free.

Id love to hear more about why taking Brooks course has helped you so much - seeing as how the system i use was partially derived from Brooks teachings.

Cheers.
 
Relentless said:
What Volpri teaches here is gold. Some realize it (perhaps such as yourself) but most dont. Besides that he is just a genuinely nice guy helping people out here for free.

Id love to hear more about why taking Brooks course has helped you so much - seeing as how the system i use was partially derived from Brooks teachings.

Cheers.
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I guess I sorta knew what price action was, but I didnt know anywhere what I thought I knew. I found that out soon after starting the course. It just helped me in a big big way. Stop placements, chart reading, everything. It helped me tie a bunch of stuff together if that makes sense. I had used volume profile prior to the course, but for me using that and Brooks teaching really took me to another level (knock on wood). I would recommend it for anyone & and I have to several trading acquaintances. Not one has came back and said it wasn't worth their time.
If anyone has a recomendation of something better than Brooks I would consider at least looking at it, but honestly I dont know of anything any better out there personally & now I dont seem to have a pressing need to even look. Im profitable and working each day to stay that way.
 
I watch what price does around high of the day. Here I take two - 2 point long trades as price gets close to the HOD. One as price gets close HOD. And the other after it breaks the HOD. The reversal up on bar 9:00 and the subsequent price action was strong. However, we could see a reversal around this HOD or a P.B. followed by a resumption to close the opening gap. I figured that a long trade in this area would likely have enough momentum to test the new high again in any event of a PB so I went long but grabbed what it gave me quickly. So 4 points in a few minutes.

I didn't turn computer on until after 10:00 so I missed that reversal up.

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I use several different charting services that permit what is provided by @volpri and it will even automate the use of the trading system that is provided in part by @volpri brilliant use of years of Brooks study. Thanks
 
When such a strong channel up it could continue closing the opening gap or just as likely to go into a trading range where profit taking will take place. It is unlikely a strong reversal, but it could. Anything is possible! However, the chart will show what happens. I would lean more towards a PB and continuation or a TR type of action. I call any pause of this strong up move a PB until I see 15 to 20 bars of sideways to down move then I will call it a TR and use TR techniques for placing trades.
 
Aloha Volpri!!

Thank you tremendously for making this thread! I have been working my way through it the last couple of months and it has transformed my thinking. I’m waiting to finish reading everything before asking any Qs, but wanted to express my excitement that you’re back to posting in it.
A huge mahalo for all the time you’ve generously given to ET. Very few members continue sharing in the face of ETs skepticism. We’re all lucky it hasn’t derailed you.

@Baron , what do you think of putting this thread in the hall of fame?
 
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